In India, employees can maintain their EPF accounts and earn interest even during employment gaps, with recent rule adjustments providing greater flexibility, though experts caution about early withdrawals affecting long-term funds. Taking a break from work does not mean losing…
Cbus will introduce new death benefit nomination rules from October 16, ending renewal requirements for binding nominations and abolishing non-binding options, aiming to accelerate payouts and ease grieving families’ burdens. Cbus will introduce new death benefit nomination rules from October…
The Reserve Bank of India has intensified dollar sales to stabilise the rupee, facing challenges from high oil prices, weak capital flows, and tariffs on exports, with reserves at nearly $700 billion providing room for continued intervention. The Reserve Bank…
Amid rising concerns over uninsured vehicles, India’s Supreme Court calls for a crackdown on compliance through innovative use of technology, highlighting the importance of understanding different types of motor insurance policies. For drivers in India, the difference between third-party, first-party…
With a first salary, new workers face crucial choices about savings. Experts highlight the importance of establishing an emergency fund and starting early with simple investments like fixed deposits, recurring deposits, or SIPs to secure financial stability and long-term growth.…
India’s regulators and companies respond to RBI’s move to categorize large NBFCs under stricter supervision, while RailTel and others secure significant infrastructure and defence orders amid corporate developments. Indian regulators and listed companies set the tone for Thursday’s trading after…
HDFC Bank and ICICI Bank have increased interest rates on foreign currency non-resident bank deposits to up to 6.25%, taking advantage of a Reserve Bank of India support measure designed to attract foreign investments and lower hedging costs. HDFC Bank…
A Kerala consumer panel has highlighted issues of misleading marketing practices and unauthorised deductions by insurance agents, prompting a reinvigorated call for transparency and protection for vulnerable consumers. A Kerala consumer commission has once again underlined how aggressively marketed financial…
Investors with Rs 5 lakh looking for predictable income can choose between the doubling potential of Kisan Vikas Patra and the tax-saving benefits of the National Savings Certificate, with recent updates highlighting differences in returns, tenure, and suitability. Kisan Vikas…
The Reserve Bank of India has introduced new regulations limiting the use of technology for remotely restricting borrowers’ mobile phones during loan recovery, aiming to curb aggressive practices while safeguarding borrower rights. India’s central bank has moved to draw a…
